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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on March 12, 2011, 11:00:17 am

Title: USD/JPY Weekly Outlook
Post by: Hemant on March 12, 2011, 11:00:17 am
USD/JPY Weekly Outlook

USD/JPY reversed and fell sharply after edging higher to 83.28. Initial bias remains on the downside this week for 81.57 support first. Break will target 80.93 support next. Note that break of 80.93 support will be the first signal of down trend resumption. On the upside, above 82.38 minor resistance<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/nC8f4iUjAk8" height="1" width="1"/>

Source: USD/JPY Weekly Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/nC8f4iUjAk8/)